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  "documentTitle": "Franklin BSP Realty Trust | Results Presentation Deck | 28 slides",
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  "authorName": "Franklin BSP Realty Trust",
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  "presentationDate": "2023-07-01 00:00:00",
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      "text": "1. Outstanding balance at June 30, 2023 and net of tranches held by FBRT.\n2. BSPRT 2019-FL5 was redeemed in July 2023 and re-levered at an advance rate of 67%, freeing up approximately $52 million of capital.\n3. Cost of debt is shown before discount and transaction costs.\n4. Commitment for loans. Excludes bond repurchase agreements.",
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      "text": "Warehouse/Revolver/Other\nName, Commitment (4)\nBarclays (Warehouse), $500 million\nWells Fargo, $500 million\nJP Morgan, $500 million\nAtlas SP Partners, $600 million\nBarclays (Secured Revolver), $250 million\nWebster Bank loan participation, $62 million\nCustomers Bank loan participation, $20 million\nTotal, $2,432 million",
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      "text": "CLOs\nCLO Name, Debt Amount (1), Reinvest End Date, Cost of Debt\nBSPRT 2019-FL5 (2), $122 million, Ended, L + 1.89%\nBSPRT 2021-FL6, $585 million, 9/15/23, L + 1.42%\nBSPRT 2021-FL7, $720 million, 12/15/23, L + 1.64%\nBSPRT 2022-FL8, $960 million, 2/15/24, S + 1.72%\nBSPRT 2022-FL9 (3), $671 million, 7/15/24, S + 2.80%\nTotal, $3,058 million\nCLO reinvestment available, $55 million\nRepo - Securities (outstanding), $290 million",
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      "kind": "title",
      "text": "FBRT 2Q 2023 Financial Update: Financing Detail",
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